Factors such as decline in manufacturing costs, surge in adoption of UV LEDs in consumer electronics, implementation of stringent regulations toward the use of green products, and inclination toward environment-friendly products are driving the growth of the global ultraviolet lamps market. However, excessive amount of thermal heat generation from UV lamp is a restraining the market growth.
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The global ultraviolet lamps market is segmented into type, application, and region. On the basis of type, the global market is bifurcated into UV LED lamp and UV mercury lamp. By application, it is classified into medical phototherapy, analytical instruments, tanning, water treatment, air purification, UV curing, surface treatment, food & beverages disinfection, biomedical applications, and others. UV curing is the major application of ultraviolet lamps, due to exponential use of UV curing in industrial and commercial applications, especially in the wood coating and printing industries. Region wise, the global uv lamps market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominates the market, owing to high demand for UV curing equipment and technology in the region.
The key players operating in the global ultraviolet lamps market are Light Sources Inc., Alpha-Cure Ltd., eta plus electronic gmbh, Philips, OSRAM GmbH., GE Lighting, LIT Company, Heraeus Holding, SurePure, and Ushio Inc. These players have adopted various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market.
UV LAMPS MARKET KEY SEGMENTS
- UV LED Lamp
- UV Mercury Lamp
- Low-pressure Mercury Lamp
- Medium-pressure Mercury Lamp
- Amalgam Mercury Lamp
- Medical Phototherapy
- Analytical Instruments
- Water Treatment
- Air Purification
- UV Curing
- Surface Treatment
- Food & Beverages Disinfection
- Biomedical Applications
- Others (Wastewater Treatment)
- North America
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KEY BENEFITS FOR STAKEHOLDERS
- The report outlines the current market trends and future scenario of the global uv lamps market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
- Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the uv lamps industry for strategy building.
- Major countries in the regions have been mapped according to their individual revenue contribution.
- The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
- The market analysis covers in-depth information of major industry participants.
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